Nikkeiren OKs transferring better profits to staff via bonuses

TOKYO, Japan - Hiroshi Okuda, chief of the Japan Federation of Employers Associations, speaks at an extraordinary meeting of the organization in Tokyo on Jan. 12. Japan's largest employers group endorsed a policy of transferring the fruits of improved profitability at major firms to staff as bonus hikes or one-off allowances rather than granting a labor demand to improve salaries.

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2001/1/12 00:00:00

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Kyodo / Kyodo News Images

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